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Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty - Boston News, Weather, Sports
Headline from WHDH Boston, on the newest of 2 developments
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation
WHDH Boston's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The move comes after Donald Trump's election win and the ensuing global uncertainty. The Fed said that the job market has "generally eased," with inflation nearing the 2% target.
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s
The Federal Reserve is set to announce its latest rate decision Thursday — and while it is widely expected to lower its key rate for the second time since September, Donald Trump’s electoral victory brings a new set of uncertainties — and, most likely, conflicts — for central bank policymakers.
Broader interest rates have risen because investors are anticipating higher inflation, larger federal budget deficits, and faster economic growth under Trump.
The Federal Reserve unanimously voted to cut interest rates by 0.25 percentage point on the heels of Donald Trump’s victory in the presidential election.
Originally Published: 07 NOV 24 05:30 ET Updated: 07 NOV 24 14:59 ET By Bryan Mena, CNN Washington (CNN) — The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this week.
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation...
The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the job market as well as fighting inflation.
The Federal Reserve cut interest rates by a quarter percentage point. How much further rates fall could depend on how President-elect Trump approaches his second term.
Washington (CNN) — The Federal Reserve is expected to announce Thursday it is cutting interest rates, a decision that comes just two days after a divisive
The Fed moved in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory.
